Monday, April 17, 2017

If Donald J. Trump still carried the family moniker of Drumpf, do you think he’d emblazon it atop his hotels? Do you think that more than 60 percent of primary voters in his home state of New York would have chosen him? As late night talk show host John Oliver of HBO recently noted, Trump’s ancestors changed the family name centuries ago, and the billionaire developer, promoter and presidential candidate is no doubt thankful every day for their foresight. Because, in the world of branding, names matter. -- Except when they don’t.

I personally have worked at home for the past four years, running several businesses. Even my current free hosting company, we have eight people who all work from home in the San Francisco Bay area and we all meetup every other week at a co-working space.

With this come flexibility and problems, which is why it important to take a holistic look at what being an entrepreneur from home is really like.
Not every person or team is cut out for working from home. There’s a reason over 80 percent of small businesses fail within the first year. The more informed and prepared you are, the better off you’ll be. It’s not going to be all conferences from the couch, yoga pants and not setting alarms (although, at times, there’s that, too).
Here are a few biggies nobody tells you about taking this career path and how to prepare for it:

Friday, April 7, 2017

At last count, there were over 30,000 million-dollar, home-based businesses run by solo entrepreneurs. So, building one may not be easy, but it obviously isn't impossible.

According to the same survey, there were over 200,000 entrepreneurs with sales between $500,000 and $999,999, and over 400,000 entrepreneurs who were raking in $250,000 to $499,999 a year.

For anyone wanting to get into a home-based business, versus one on-site with employees, the fundamentals remain the same -- the "fundamentals" meaning those that influence success.

So, if you’re cut out for being a solopreneur, you too can take home a fat check while being your own boss; you don’t necessarily need to run a large company for that.

Here are five ways to leverage your skills or current situation to build your own home-based business by highlighting opportunities that have launched businesses average people turned into million-dollar success stories.

Businesses You Can Start With Less Than $100

Mobile repairWant to put your own spin on a repair service? Start a mobile repair service you go to the client. Whether if it’s fixing a computer or piece of furniture, this doesn’t require more than a vehicle, marketing, and expertise.

Resume writing serviceA lot of people have difficulty writing amazing resumes. And, that could even cause them to lose out on a job they’ve been eyeing up. If you have knack for composing resumes, it become a profitable business. I personally have paid $100 several times for people to shape-up my resume.

Holiday decoratorEveryone wants their home or office to look festive for an upcoming holiday. But, not all of us can make that happen. If you can pull-off that holiday cheer, then it’s another business that doesn’t much capital.

Domain name buyingYou can buy a domain cheap, like under a buck cheap. If a business comes along and needs that domain they’ll be willing to pay top-dollar for it.

Flipping websitesUsing a site like Flippa you can purchase a website, build-it-up, and sell it. It’s actually a lucrative business. I personally have been able to make around $25-$30k flipping websites each year.